Public issue of 1,25,00,000 equity shares of Rs. 10/- each for cash at a price of Rs.65/- per equity share (including equity share premium of Rs.55/- per equity share aggregating to Rs.81.25 Crores (the "issue") by Indowind Energy Limited ("our company" or "issuer"). Out of which 2,60,000 equity shares of Rs.10/- each have been reserved for subscription by eligible employees of our company aggregating Rs.1.69 ("employee reservation portion"),and net issue of 1,22,40,000 equity shares of Rs. 10/- each aggregating to Rs.[*] ("net issue"). The net issue would constitute 25% of the fully diluted post issue paid up capital of our company.
Issue Price is Rs.65/- per equity share of face value of Rs. 10/- each.
The issue price is 6.5 times of the face value
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
21-Aug-2007
24-Aug-2007
₹ 65.00
₹ 0.00
Minimum Application for shares in Nos : 100.0
Further Multiples of : 100.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
0.00
Canara Bank
Project Financed through Current Offer
81.25
Post Issue Equity Share Capital
48.96
Issue Price
₹65.00
Projects
Setting up 9MW Wind Farm Project is
Purchase of Hydraulic Cranes
Acquis.of second hand Wind Energy Genertors fr Bnk